This year inflation is expected to amount to 6 percent

Photo ITAR-TASS / Sergey Fadeichev

This year inflation is expected to amount to 6 percent, the prime minister told Rossiya 24 Channel on Saturday.

“We hope that inflation will be lower - within 4-5 percent,” he said, adding that this was related to “freezing” tariffs for infrastructural monopolies such as Gazprom, grid companies and Russian Railways.

“The figures of inflation will have an impact on a corresponding interest rate of the Central Bank and on a real interest rate under which loans are being provided to commercial organisations and physical persons,” Medvedev said.